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Author: OfficeChai Team

Dotting the i's, crossing the t's.

After 3 High-Level Exits In A Month, Zomato To Lay Off 3% Of Its Workforce

November 20, 2022November 20, 2022 OfficeChai Team

Global tech companies have been laying off employees for a while — Meta, Amazon, Twitter and Cisco have all terminated thousands of workers…

Startup Skyroot Successfully Launches India’s First Private Rocket Into Space

November 18, 2022November 18, 2022 OfficeChai Team

Today was a small launch for a rocket, but a giant leap for India’s space program. Hyderabad-based startup Skyroot Aerospace has successfully launched…

Paytm’s Shares Tumble 10% After Softbank Offloads $200 Million Stake

November 17, 2022November 17, 2022 OfficeChai Team

Paytm’s stock has had a torrid time at the bourses since it was listed in November last year, and as its one-year lock…

How Bikaji Split From Haldiram’s And Created A $1 Billion Company For Itself

November 16, 2022November 16, 2022 OfficeChai Team

Bikaji Foods International went pubic today, and the stock was lapped up by the markets — the company’s shares rose 6% on opening…

A Record 6 Indian Companies Have Registered Profits Of Rs. 10,000 Crore This Quarter

November 15, 2022November 15, 2022 OfficeChai Team

The global markets might be in turmoil, the biggest names in tech might be laying off thousands of workers, and fears of a…

Social, Mocha & Smoke House Deli Parent Company Raises Rs. 550 Crore To Expand Restaurant Chains

November 14, 2022November 14, 2022 OfficeChai Team

As the coronavirus pandemic recedes into the distance, the sectors which it had impacted the most seem to be roaring back to life….

Indian Startup Agnikul Successfully Tests World’s First 3D-Printed Single-Piece Rocket Engine

November 13, 2022November 13, 2022 OfficeChai Team

Even as one Indian space-tech startup is readying to send the country’s first private rocket into space, another has notched a world-first to…

Lenskart Slips Back Into Losses After Being Profitable For 2 Years, Posts Rs. 102 Crore Loss

November 11, 2022November 11, 2022 OfficeChai Team

India’s short list of unicorn startups that actually make money has gotten even shorter. Eyewear company Lenskart, which had been reporting profits for…

Meta Has Laid Off 11,000 Employees In Its First Job Cuts In 18 Years

November 9, 2022November 9, 2022 OfficeChai Team

The tech sector has given the world some of its biggest companies — Apple, Alphabet, Microsoft and Meta are collectively worth trillions of…

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